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Biogen’s Alzheimer’s drug delayed; lack of clarity exists

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anonymous

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anonymous said:
The analysts started scratching their heads during an earnings conference call as there was a lack of clarity in the delay in filing of Biogen's Alzheimer's drug.

Last year, Biogen stock soared by 27% after the company optimistically said it would file an application with the US Food and Drug Administration for the approval of its Alzheimer’s candidate, aducanumab.

not sure what to think...just know the pipeline has been one let down after another in regards to anything meaningful.

You can find what all the analysts asked during the call here and when will the company file the application
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They stated they will submit for approval in Q3 of this year so that would be in July, Aug, or Sept at earliest. Then FDA gets it and usually takes at least 6 months to review everything and get approval.
So if everything runs absolutely perfect you’re looking at sometime in 2021.
 




They are hiring people/teams so they are obviously moving forward in anticipation of approval. Just be aware of the mid-west Mgr. She has an ax to grind with anyone that reports to her due to previously being burned... Who needs that? If you're a good leader, people will be good employees. Who wants to start out with someone who already anticipates problems, you know?
 




HamsterOnWheel said:
They are hiring people/teams so they are obviously moving forward in anticipation of approval. Just be aware of the mid-west Mgr. She has an ax to grind with anyone that reports to her due to previously being burned... Who needs that? If you're a good leader, people will be good employees. Who wants to start out with someone who already anticipates problems, you know?
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Keep getting calls from recruiter but when will they really start to hire and is it worth it
 




Like any company, gig is only as good as the Mgr whom you report too. Interview the Mgr as much as they will be interviewing you. Company pays well but has some PITA stuff just life other pharma companies. If you are currently employed, ask yourself is this a better situation? If you’re unemployed, I supppse it won’t matter as you just need the paycheck. Good luck Frankie.
 




I decided not to move to final phase after receiving the call. I have a decent situation now, and relatively stable. Too many unknowns. If it is approved and your company does well, my loss. More importantly, hope it gets approved for the many patients that need it! Good luck to those moving forward and much success to you
 




anonymous said:
I decided not to move to final phase after receiving the call. I have a decent situation now, and relatively stable. Too many unknowns. If it is approved and your company does well, my loss. More importantly, hope it gets approved for the many patients that need it! Good luck to those moving forward and much success to you
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I did same. High risk not worth reward.
 




anonymous said:
I decided not to move to final phase after receiving the call. I have a decent situation now, and relatively stable. Too many unknowns. If it is approved and your company does well, my loss. More importantly, hope it gets approved for the many patients that need it! Good luck to those moving forward and much success to you
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Haha you’re FOS. there is no “Final Phase” at this point cause all that’s been done is phone screens with recruiter. Hires won’t be made until Sept. dummy
 




A lot of Risk.. they are taking a lot of people from sage.. and we know how that story went.. product did not go well. If this is infused it will be challenging in the Covid environment. Look what is happening now with infused products. This Product will need multiple pet scans to monitor for a year. Aria safety concerns some physicians not too excited.
 




Is it worth applying to Biogen 5000 davis drive? I was like at Validation roles there, but I don't want to hop on to a burning ship. Any information would be awesome, thank you!!
 




Maybe Guy1 said:
Is it worth applying to Biogen 5000 davis drive? I was like at Validation roles there, but I don't want to hop on to a burning ship. Any information would be awesome, thank you!!
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Given that you've posted the same response on 3 different threads, none of which are related to your actual question, you seem to have the level of intelligence we are looking for.

Welcome aboard.
 








Jesus bro.

I was literally asking if I should take a job at this place or if it's just as toxic as people say.

Guess you answered that.

I'll keep my current (relatively nice) gig.

You stay there and suffer!

See you round lay off time :)
 








Ugh.....well, no sense lying. You got me:

I'm not really posting on here for career advice, I'm a recruiter for the Edmonton Oilers.

I thought if I could just.....hide myself for, a little bit, that maybe I could inadvertently ask you how Biogen was in hopes of getting you interested in the team.

I'm sorry, I should have known better.

Look they got cold winters up there, but I really think your attitude and persistence would help us bring home a Stanley Cup.

Just think about it OK? Man to man?
 








Maybe Guy1 said:
Ugh.....well, no sense lying. You got me:

I'm not really posting on here for career advice, I'm a recruiter for the Edmonton Oilers.

I thought if I could just.....hide myself for, a little bit, that maybe I could inadvertently ask you how Biogen was in hopes of getting you interested in the team.

I'm sorry, I should have known better.

Look they got cold winters up there, but I really think your attitude and persistence would help us bring home a Stanley Cup.

Just think about it OK? Man to man?
Click to expand...


ohh, man on man. making me hot, daddy
 








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